(PINKSHEETS: SMPP) Strategic Management and Opportunity Corp CEO, Julienne Audette, announces today that the company has finalized the selection of its Programming team for a comprehensive build of Strategic's flagship VSP sales and marketing tool. "We've selected a highly capable group of individuals that will be utilizing both progressive PHP and Flash to build VSP, a sales and local/small business advertising tool like no other in the industry. The team includes two top-level developers, a cutting-edge graphic designer and a seasoned Flash creator. We feel confident that VSP will be developed well in line with our schedule moving forward as we continue to market the service toward an attractive lineup of LOI's for launch," states Audette.

The company will be taking a hands-on approach to create the best possible platform with potential to roll with the industry changes and customer needs as they come. "We'll be working in line with commentary/feedback from Strategic's Marketing team in regards to the overall needs of the marketplace," states Audette. "The process is creating what is not only a streamlined production tool, but maybe even more so, a powerful sales & marketing machine with the ability to take local listings to the next level with layered, user-friendly features and applications. The development includes an overall 'face-lift,' both aesthetically and technically, including a strong user-interface and added functionality."

Audette continues, "We've already found in these initial stages of development that there are applications within the VSP technology that reach beyond the IYP marketplace, thus giving us the potential for additional, cost-effective revenue streams and profits. Some of these include value-added services to video ad distribution and exposure such as CPM, SEM and Mobile web. Further, we're encouraged by the interest from industry insiders in this initial phase regarding the VSP platform."

In line with these developments, the company released 1st year financial projections in this week to bring perspective to shareholders as to the potential inherent to the platform and its applications. "Once we've evaluated additional potential for the product and have announced LOIs toward the launch of VSP, we'll be putting out numbers that may be more reflective of our true potential moving forward, but the first year's will be based on the industry interest we've received so far in line with the current VSP features and services for IYP clientele, small businesses and otherwise," concludes Audette.

The development team will be submitting progress reports to SMPP Executives frequently and Strategic intends to release VSP development benchmarks via press release as they are met. In line with this, the company will be launching a live test site so that shareholders and prospective customers may witness the progress to launch. All involved are looking forward to a launch of the platform later this year.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

Company contact: Investor Relations SMPP contact@smpptech.com

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